Sears stock is now SHLDQ - so it's no longer trading from what I understand.
It is currently at 0.45 - so less than half a penny.
Is there some hope that this sort of thing could happen with SHLD stock ?
The president of Sears is a hedge fund manager and dug Sears into the ground to make a profit.
I have $10,000 ( bought at $81 a share ) invested from my savings that I cashed in, and I would rather ride it down to zero, than to cash in at what it is worth now.
I hate to think that I not only burned $10,000, but that I just gave it away to some rich guy that cheated thousands of people.
I sometimes do the math.
I could have bought nearly $200 in groceries for a family in need.
Every week !
For an entire year !
|